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Growth in manufacturing, especially automobiles and construction in the mid-1990s, fueled healthy expansion of the paint industry.
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Is the paint and coatings industry decentralized?
In 1967 about 66 percent of paint was consumed within 500 miles of its manufacture. Decentralization persisted through the 1990s.
How many people work for the paint and coatings industry?
The paint and coatings industry employed an estimated 51,084 Americans in 2001.
How much can the paint and coatings industry expand?
The paint and coatings business was considered a mature industry, with growth projected at about 1 to 2 percent annually.
How did the paint and coatings industry do in the1960's?
The growth and profits of the paint industry trailed the rest of the economy,
What are the segments of the paint and coatings industry?
Three basic segments existed within the industry: architectural coatings, original equipment manufacturer (OEM) product coatings, and special purpose coatings.
What is the largest segment of the paint and coatings industry?
Architectural coatings, known in the industry as trade sales paint and commonly referred to as house paint, comprised the largest segment, contributing 44 percent of annual gallonage
What is the professional organization for the paint and coatings industry?
The National Paint, Varnish, and Lacquer Association was formed in 1933, and was later renamed the National Paint and Coatings Association (NPCA).
How much consolidation occurred in the paint and coatings industry in the 1990'?
Mergers and acquisitions reduced the number of companies in the industry from more than 900 to about 700 over the course of the early 1990s. The top three companies produced 45 percent of output.
How much paint and coatings does the industry produce?
Through June 1999, the industry produced 667,776,000 gallons of paints and coatings, up from 671,808,000 through June 1998.
What are the revenues of the U.S. paint and coatings industry?
According to the U.S. Census Bureau, U.S. manufacturers shipped 1.34 billion gallons of paint and coatings in 2001, valued at $16.9 billion
What are the revenues of the worldwide paint and coatings industry?
Worldwide, the paint and coating industry generated $70.7 billion in 2001, similar to revenues of $70.6 billion in 2000.
What is included in the paint and coatings industry?
This industry category includes establishments primarily engaged in manufacturing paints, varnishes; lacquers; enamels; shellac; dry powder coatings; putties, wood fillers, and allied products.
